Owning a business comes with plenty of responsibility and accountability. For the majority of owners, this form of ownership puts your business and personal liabilities at risk. Owning a business liability policy protects both your business and personal finances in the event of a lawsuit for personal injury or property damage.
George Koury & Associates understands your insurance needs are unique to your business. Based on the business liability insurance requirements for your company, we can work with you to determine the right type of general business liability insurance coverage that you require.
- General liability insurance
- Professional liability insurance
- Products liability insurance and completed operations
- Fire legal liability
- Medical payments
- Premises liability
- Employer’s liability insurance, employee benefits liability and employment-related practices liability
Types of Business Liability Insurance
General Liability Insurance: This form of business liability insurance is the main coverage to protect your business from injury claims, property damages, and advertising claims.
Product Liability Insurance: Small businesses selling or manufacturing products should be protected in the event of a person becoming injured as a result of using the product. The amount of coverage and the level of risk depend on your business type.